122 Western AveNewark, OH 43055

Property Details for 122 Western Ave

Year built

1900

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This charming 1900-built brick duplex in Newark, Ohio presents a compelling investment opportunity. Located at 122 Western Avenue, this property boasts two identical three-bedroom townhouses, each currently generating $1245 in monthly rent, increased effective July 1st, 2024. Tenants are responsible for water, gas, and electric utilities. Each unit features a full basement and covered front and rear porches, offering tenants comfortable living spaces. The property sits on a sizable 6,098.4 square foot lot, providing ample space. The asking price is $180,500, translating to $69.16 per square foot. While the property could benefit from some renovations, its quiet location and stable, long-term tenants make it an attractive prospect for investors seeking a solid return. The property's address is 122 Western Avenue, Newark, OH 43055, situated in Licking County. This duplex represents a chance to acquire a well-located multifamily property with immediate cash flow potential in a desirable Ohio market. The property's historical charm combined with its current rental income makes it an ideal addition to any investment portfolio.

Location Insight

City

Newark

County

Licking

State

Ohio

Latitude

40.0565

Longitude

-82.4167

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].